Roth Capital Has Pessimistic Outlook of NOVA Q1 Earnings

Sunnova Energy International Inc. (NYSE:NOVA) – Equities research analysts at Roth Capital cut their Q1 2025 earnings estimates for shares of Sunnova Energy International in a note issued to investors on Monday, March 3rd. Roth Capital analyst P. Shen now expects that the company will earn ($0.94) per share for the quarter, down from their previous forecast of ($0.55). Roth Capital currently has a “Hold” rating on the stock. The consensus estimate for Sunnova Energy International’s current full-year earnings is ($2.63) per share. Roth Capital also issued estimates for Sunnova Energy International’s Q2 2025 earnings at ($0.77) EPS, Q3 2025 earnings at ($0.71) EPS, Q4 2025 earnings at ($0.86) EPS, FY2025 earnings at ($3.28) EPS, Q1 2026 earnings at ($1.15) EPS, Q2 2026 earnings at ($1.04) EPS, Q3 2026 earnings at ($0.98) EPS, Q4 2026 earnings at ($1.18) EPS and FY2026 earnings at ($4.35) EPS.

Several other research firms have also weighed in on NOVA. Janney Montgomery Scott lowered shares of Sunnova Energy International from a “buy” rating to a “neutral” rating and set a $1.00 price target for the company. in a research report on Tuesday. Baird R W downgraded shares of Sunnova Energy International from a “strong-buy” rating to a “hold” rating in a report on Monday. Capital One Financial downgraded shares of Sunnova Energy International from an “overweight” rating to an “equal weight” rating in a report on Monday. Roth Mkm downgraded shares of Sunnova Energy International from a “buy” rating to a “neutral” rating in a report on Monday. Finally, UBS Group downgraded shares of Sunnova Energy International from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $5.00 to $0.65 in a report on Tuesday. Two equities research analysts have rated the stock with a sell rating, twenty-three have assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $5.39.

Sunnova Energy International Price Performance

NOVA opened at $0.55 on Thursday. The firm has a market cap of $68.22 million, a P/E ratio of -0.16 and a beta of 2.64. The firm has a 50-day moving average of $2.70 and a 200 day moving average of $5.49. The company has a debt-to-equity ratio of 3.26, a quick ratio of 0.86 and a current ratio of 0.86. Sunnova Energy International has a fifty-two week low of $0.47 and a fifty-two week high of $13.00.

Sunnova Energy International (NYSE:NOVA) last posted its quarterly earnings results on Monday, March 3rd. The company reported ($2.96) earnings per share for the quarter, missing the consensus estimate of ($0.79) by ($2.17). The company had revenue of $224.13 million for the quarter, compared to the consensus estimate of $235.85 million. Sunnova Energy International had a negative net margin of 51.02% and a negative return on equity of 11.15%. During the same quarter in the previous year, the company posted $0.37 EPS.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Creative Planning bought a new stake in Sunnova Energy International in the third quarter valued at $107,000. International Assets Investment Management LLC boosted its holdings in Sunnova Energy International by 37,400.0% in the third quarter. International Assets Investment Management LLC now owns 3,000 shares of the company’s stock valued at $308,000 after acquiring an additional 2,992 shares in the last quarter. First Trust Direct Indexing L.P. boosted its holdings in Sunnova Energy International by 11.6% in the third quarter. First Trust Direct Indexing L.P. now owns 19,373 shares of the company’s stock valued at $189,000 after acquiring an additional 2,016 shares in the last quarter. GSA Capital Partners LLP boosted its holdings in Sunnova Energy International by 28.4% in the third quarter. GSA Capital Partners LLP now owns 130,741 shares of the company’s stock valued at $1,273,000 after acquiring an additional 28,931 shares in the last quarter. Finally, Mizuho Markets Americas LLC boosted its holdings in Sunnova Energy International by 53.7% in the third quarter. Mizuho Markets Americas LLC now owns 282,805 shares of the company’s stock valued at $2,755,000 after acquiring an additional 98,800 shares in the last quarter.

Sunnova Energy International Company Profile

Sunnova Energy International Inc engages in the provision of energy as a service in the United States. The company offers electricity, as well as offers operations and maintenance, monitoring, repairs and replacements, equipment upgrades, on-site power optimization, and solar energy system and energy storage system diagnostics services.